Rockefeller Capital Management L.P. lessened its stake in shares of Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report) by 11.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 198,202 shares of the company’s stock after selling 25,007 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Invesco S&P 500 Top 50 ETF were worth $9,421,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of XLG. Pineridge Advisors LLC purchased a new position in shares of Invesco S&P 500 Top 50 ETF during the second quarter valued at approximately $42,000. Concord Wealth Partners purchased a new stake in Invesco S&P 500 Top 50 ETF in the third quarter worth $47,000. International Assets Investment Management LLC bought a new stake in shares of Invesco S&P 500 Top 50 ETF during the second quarter worth $73,000. Investors Research Corp boosted its stake in shares of Invesco S&P 500 Top 50 ETF by 126.7% during the third quarter. Investors Research Corp now owns 1,909 shares of the company’s stock valued at $91,000 after purchasing an additional 1,067 shares during the period. Finally, First Personal Financial Services bought a new position in shares of Invesco S&P 500 Top 50 ETF in the second quarter worth about $97,000.
Invesco S&P 500 Top 50 ETF Price Performance
XLG stock opened at $50.27 on Wednesday. The company has a market capitalization of $4.90 billion, a PE ratio of 2.92 and a beta of 1.08. Invesco S&P 500 Top 50 ETF has a 12 month low of $36.06 and a 12 month high of $50.29. The firm’s 50-day moving average is $48.46 and its 200 day moving average is $46.52.
About Invesco S&P 500 Top 50 ETF
Guggenheim Russell Top 50 Mega Cap ETF (the Fund), formerly Rydex Russell Top 50 ETF, seeks to replicate as closely as possible the performance of the Russell Top 50 Index (the Index). The Index is an unmanaged capitalization-weighted index consisting of the 50 largest companies in the Russell 3000 Index.
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Want to see what other hedge funds are holding XLG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco S&P 500 Top 50 ETF (NYSEARCA:XLG – Free Report).
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